🔴 CONY is trading 4.6% down today on its ex-dividend date for a 9.1% reduced distribution

The YieldMax COIN Option Income Strategy ETF (CONY) is trading at $18.68 (down 4.6%) as the fund goes ex-dividend today, June 25, 2026, for its recently announced 9.1% cut in distribution. - The fund declared a distribution of $0.2598 per share, down from $0.2858 for the previous week. - The ex-dividend date for this reduced payout is today, June 25, 2026, which is a direct catalyst for the current selling pressure.